Roadzen (RDZN) Debt to Equity (2023 - 2025)
Roadzen's (RDZN) quarterly Debt to Equity came in at -$0.44 in Q4 2025, up 34.13% year-on-year from -$0.33 in Q4 2024, and down 16.34% quarter-over-quarter from -$0.38 in Q3 2025.
Roadzen (RDZN) Debt to Equity (2023 - 2025) Analysis & Trends
Roadzen has disclosed Debt to Equity across 3 years of filings, most recently posting -$0.44 for Q4 2025.
- Debt to Equity for Q4 2025 came in at -$0.44, up 34.13% year-over-year; the trailing twelve-month figure through Dec 2025 was -$0.44 (up 34.13% YoY), and the FY2025 annual result was -$0.12, up 93.07% from the prior year.
- Debt to Equity came in at -$0.44 for Q4 2025 at Roadzen, down from -$0.38 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $2.16 in Q3 2023 to a low of -$16.3 in Q4 2023.
- The 3-year median for Debt to Equity is -$0.38 (2025), against an average of -$1.68.
- Peak annual rise in Debt to Equity reached 95.9% in 2024, while the deepest fall reached 976.9% in 2024.
- Roadzen's Debt to Equity stood at -$16.3 in 2023, then soared by 95.9% to -$0.67 in 2024, then surged by 34.13% to -$0.44 in 2025.
- The last three Debt to Equity figures came in at -$0.44 (Q4 2025), -$0.38 (Q3 2025), and -$0.11 (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 0.13 |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 0.00 |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 0.42 |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | - |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 1.15 |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 0.44 |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | - |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 0.63 |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 0.16 |
| 10 | Roadzen | 116.63 Mn | 113.74 Mn | 6.98 Mn | -0.44 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -0.44 |
| Sep 30, 2025 | -0.38 |
| Jun 30, 2025 | -0.11 |
| Mar 31, 2025 | -0.12 |
| Dec 31, 2024 | -0.67 |
| Sep 30, 2024 | -0.13 |
| Jun 30, 2024 | -0.59 |
| Mar 31, 2024 | -1.71 |
| Dec 31, 2023 | -16.30 |
| Sep 30, 2023 | 2.16 |
| Mar 31, 2023 | -0.16 |